Stacey Alysson Melman

5633 La Mirada AV Los Angeles CA 90038 MLS #26835889

5633 La Mirada AV
Los Angeles, CA, 90038
$1,599,000
9 Beds
6 Baths
3,884 SqFt
0.14 Acres
Add
MLS #26835889 image #0
ORIGINALLY PRICED AT $1,700,000 NOW, IT’S PRICED TO SELL. “A stabilized low-expense Hollywood cash-flow asset with immediate upside, tax advantages, and flexible unit conversion potential. “This is a VERY specific buyer pool. This is for the MOTIVATED 1031 + cash flow buyer. STRATEGIC POSITIONING What this REALLY is: Low-maintenance asset Tenants paying utilities Strong cash flowNewly remodeled rear structure Potential future unit splitTier 3 / R3 Hollywood zoning 1031 exchange target Depreciation benefit Vacancy leverage1031 exchange buyers passive-income investors small apartment syndicators Airbnb/furnished rental operators tax-focused buyers “retiree investors” This IS: “Low expense, high-cash-flow Hollywood income machine with upside.”Investors want: clean numbers operational upside tax strategy low headache NEW INVESTOR POSITIONING Hollywood / Silver Lake Adjacent Value-Add Cash Flow Opportunity 5633 La Mirada Ave presents a rare opportunity to acquire a low-maintenance multifamily asset in one of Los Angeles’ strongest rental corridors. The property consists of: Front duplex:3BR/1BA (recently leased) 2BR/1BA currently paying $2,250/month Rear detached structure built in 1982: Fully remodeled & permitted 4BR/4BA unit Currently leased at $4,600/month The rear building offers potential flexibility for future reconfiguration into two separate 2BR/2BA units (buyer to verify with city). WHY THIS DEAL WORKSLOW EXPENSE OPERATION Tenants pay utilities including water/sewer Minimal landlord expense exposure Strong operational efficiency IMMEDIATE UPSIDE Potential front unit vacancy at close Rental repositioning opportunity Future unit optimization potential STRONG LOCATION Minutes to: Silver Lake Paramount Studios Hollywood Downtown LA TAX ADVANTAGE Cost segregation & depreciation potential Ideal 1031 exchange replacement asset TIER 3 / R3 ZONING Long-term redevelopment potential in a high-demand rental corridor. “Priced for immediate investor attention.” “Aggressively positioned for a quick sale.”low maintenance stable cash flow1031 exchange LOW-EXPENSE HOLLYWOOD CASH FLOW ASSET 1031 FRIENDLY remodeled rear unit backyard Hollywood proximity “tenants pay all utilities” Investors LOVE: tenants paying utilities THIS IS CLEAR: “Extremely low landlord expense profile with utilities paid directly by tenants.” Calling on 1031 exchange agents “This is EASY MONEY with LOW OR NO HEADACHE.”
AGENT: Max Lee
LISTING BROKERAGE: Real Broker
5633 La Mirada AV
Los Angeles, CA

Property Details

Price:
$1,599,000
MLS #:
26835889
Status:
Active
Beds:
9
Baths:
6
Type:
Single Family
Neighborhood:
c20hollywood
Listed Date:
May 18, 2026
Finished Sq Ft:
3,884
Total Sq Ft:
3,884
Lot Size:
6,284 sqft / 0.14 acres (approx)
Year Built:
1915
C20 – HollywoodC20hollywood
Ask a Question

See this Listing

Send
  

Schools

Interior

Appliances
DW, GD, MW, RF
Heating
COM
Interior Features
CF
Laundry Features
DINC, WINC
Levels
U

Exterior

Financial

Gross Operating Income
$118,080
Net Operating Income
$92,323

Map

Community

Similar Listings Nearby

broker reciprocity
MLS# 26834997broker reciprocity
805 N Mccadden PL
Los Angeles, CA

$2,075,000

1.6 miles away

broker reciprocity
MLS# 25626095broker reciprocity
10634 Whipple ST
Toluca Lake, CA

$2,050,000

4.7 miles away

broker reciprocity
MLS# 26778517broker reciprocity
6122 W 6th ST
Los Angeles, CA

$2,049,000

3.5 miles away

broker reciprocity
MLS# 26827487broker reciprocity
2412 Riverside DR
Los Angeles, CA

$2,025,000

3.4 miles away

broker reciprocity
MLS# IG26126770broker reciprocity
1875 W Adams
Los Angeles, CA

$2,000,000

4.2 miles away

broker reciprocity
MLS# 26747161broker reciprocity
6366 Orange ST
Los Angeles, CA

$2,000,000

3.8 miles away

broker reciprocity
MLS# 26648059broker reciprocity
543 N Ardmore AV
Los Angeles, CA

$2,000,000

1.0 miles away

broker reciprocity
MLS# PW25251404broker reciprocity
5666 Lemon Grove AV
Los Angeles, CA

$2,000,000

0.5 miles away

broker reciprocity
MLS# 26832985broker reciprocity
1573 Hi Point ST
Los Angeles, CA

$1,999,999

4.6 miles away

broker reciprocity
MLS# OC26087078broker reciprocity
8179 Mannix
Los Angeles, CA

$1,999,999

3.4 miles away